top of page
Search

What is a Deed In Lieu of Foreclosure?

If a borrower needs relief from mortgage debt, they may choose to do a deed in lieu of foreclosure. This transfers deed ownership to the lender in exchange for debt forgiveness to avoid foreclosure.

Considering a career in real estate? Check out our upcoming pre-licensing courses here: tocrres.com/register

#RealEstate #NewCareer




11 views0 comments

Recent Posts

See All
bottom of page